Melt butter and peanut butter; mix well and add powdered sugar. Shap into balls. Melt together butterscotgch chips and parafin in double boiler. Dip balls in this mixture. Place on wax paper. Optional: Can dip them in melted chocolate chips and paraffin. If you don't like peanut butter, use mint flavor or chopped pecans. If you use mint flavoring, you can use a small drop of green food coloring, if you wish.